:

Business/Financial

Kaman Completes Acquisition of Global Aerosystems

DDN

Monday, December 13th, 2010

SHARE:

Kaman Corp. [KAMN] on Friday said it has completed its purchase of the aerostructure engineering design firm Global Aerosystems, giving it a more complete set of capabilities from design through component manufacturing, assembly, certification and post-production support. Kaman already is a supplier of aerostructure components and assemblies. Global also provides Federal Aviation Administration certification services to the aerospace industry. Global is now part of Kaman's Aerospace Segment. Global is expected to have $20 million in sales this year.

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]